MEMPHIS LIBRARY FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MEMPHIS LIBRARY FOUNDATION (EIN 62-1590768)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-03-25
- IRS object ID
- 201500849349300815
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-25T11:28:47-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621804252 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WATKINS UIBERALL PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1661 AARON BRENNER DR STE 300 | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38120 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621590768 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEMPHIS LIBRARY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEMP | BusinessNameControlTxt |
| Phone | 9014152831 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3030 POPLAR AVENUE | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38111 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DIANE JALFON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9014152831 | PhoneNum |
| Signature | 2015-03-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM H WATKINS III | PreparerPersonNm |
| PTIN | P00970452 | PTIN |
| Phone | 9017612720 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DIANE JALFON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3030 POPLAR AVENUE | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,117,258 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MEMPHISLIBRARYFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE MEMPHIS LIBRARY FOUNDATION IS TO SOLICIT, ACCEPT, STEWARD, AND DISPENSE PRIVATE SUPPORT FOR THE ENHANCEMENT OF THE MEMPHIS PUBLIC LIBRARY AND INFORMATION CENTER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $400,727 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,912,498 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,638 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,094 | CYProgramServiceRevenueAmt |
| PY Investment Income | $102,670 | PYInvestmentIncomeAmt |
| CY Investment Income | $143,402 | CYInvestmentIncomeAmt |
| PY Other Revenue | $32,762 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,460 | CYOtherRevenueAmt |
| PY Total Revenue | $546,797 | PYTotalRevenueAmt |
| CY Total Revenue | $2,086,534 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $137,689 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $139,946 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $58,678 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $538,916 | PYOtherExpensesAmt |
| CY Other Expenses | $497,439 | CYOtherExpensesAmt |
| PY Total Expenses | $676,605 | PYTotalExpensesAmt |
| CY Total Expenses | $637,385 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$129,808 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,449,149 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,174,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,020,279 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,400 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,975 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,170,288 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,975,304 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF THE MEMPHIS LIBRARY FOUNDATION IS TO SOLICIT, ACCEPT, STEWARD, AND DISPENSE PRIVATE SUPPORT FOR THE ENHANCEMENT OF THE MEMPHIS PUBLIC LIBRARY AND INFORMATION CENTER. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $46,637 | ExpenseAmt |
| Desc | THE MEMPHIS LIBRARY FOUNDATION PROVIDES ENHANCEMENTS TO THE COLLECTIONS OF THE MEMPHIS PUBLIC LIBRARY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $435,510 | ExpenseAmt |
| Revenue | $32,094 | RevenueAmt |
| Desc | THE MEMPHIS LIBRARY FOUNDATION PROVIDES FUNDING FOR VARIOUS SPECIAL PROJECTS AND EDUCATIONAL PROGRAMS THAT ARE HELPING THE LIBRARY'S CUSTOMERS CONNECT, LEARN, AND GROW. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $482,147 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANICE EARHEART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9014152844 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3030 POPLAR AVE | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38111 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MR RONALD L COLEMAN | ||||||
| CHAIRMAN | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR RICK MASSON | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR HERMAN MORRIS | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR DUNBAR ABSTON JR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS CYNTHIA ALLEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR LAWSON ARNEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR JACK A BELZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS TONI BOLAND | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS EMILY CALLAHAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS LORRI CORDELLI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS SUKI CARSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR LESLIE S DALE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS KATE DUIGNAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR REGINALD ESKRIDGE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS HEATHER GROSVENOR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS KAREN C MATTHEWS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR DORSEY E HOPSON II | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR JOHN PAUL JONES | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR HERB O'MELL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS PALLAS PIDGEON ZANONE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS HONEY SCHEIDT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS CHRISTINE MUNSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS DIANE JALFON | ||||||
| EXECUTIVE DIRECTOR | 50.00 | Yes (X) | $90,000 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $90,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $3,370 | FundraisingAmt |
| All Other Contributions | $1,909,128 | AllOtherContributionsAmt |
| Noncash Contributions | $218,600 | NoncashContributionsAmt |
| Total Contributions | $1,912,498 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BROADCAST FEES | Desc |
| Business | 451211 | BusinessCd |
| Total Revenue Column | $32,094 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,094 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,094 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $143,402 | TotalRevenueColumnAmt |
| Exclusion | $143,402 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $29,264 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $3,370 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $30,724 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,460 | TotalRevenueColumnAmt |
| Exclusion | -$1,460 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,086,534 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,094 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $141,942 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,000 | TotalAmt |
| Program Services | $22,500 | ProgramServicesAmt |
| Management And General | $22,500 | ManagementAndGeneralAmt |
| Fundraising | $45,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,946 | TotalAmt |
| Program Services | $7,492 | ProgramServicesAmt |
| Management And General | $34,962 | ManagementAndGeneralAmt |
| Fundraising | $7,492 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,000 | TotalAmt |
| Management And General | $1,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,900 | TotalAmt |
| Management And General | $12,900 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,485 | TotalAmt |
| Fundraising | $1,485 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,099 | TotalAmt |
| Management And General | $16,398 | ManagementAndGeneralAmt |
| Fundraising | $4,701 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,075 | TotalAmt |
| Management And General | $1,075 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EDUCATIONAL PROGRAMS | $369,809 | $369,809 |
| COLLECTIONS | $46,637 | $46,637 |
| BROADCAST PROGRAMS | $35,709 | $35,709 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,725 | TotalAmt |
| Management And General | $7,725 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $637,385 | TotalAmt |
| Program Services | $482,147 | ProgramServicesAmt |
| Management And General | $96,560 | ManagementAndGeneralAmt |
| Fundraising | $58,678 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,294,727 | BOYAmt |
| EOY | $115,359 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $257,942 | BOYAmt |
| EOY | $1,513,830 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,495 | BOYAmt |
| EOY | $166,171 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,492,175 | BOYAmt |
| EOY | $5,163,717 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,349 | BOYAmt |
| EOY | $61,202 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,174,688 | BOYAmt |
| EOY | $7,020,279 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,400 | BOYAmt |
| EOY | $44,975 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,400 | BOYAmt |
| EOY | $44,975 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $609,034 | BOYAmt |
| EOY | $1,916,502 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,458,628 | BOYAmt |
| EOY | $1,949,988 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,102,626 | BOYAmt |
| EOY | $3,108,814 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,170,288 | BOYAmt |
| EOY | $6,975,304 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,174,688 | BOYAmt |
| EOY | $7,020,279 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,449,149 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $390,992 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$41,313 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $6,188 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $300,169 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $340,367 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $543,332 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $412,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,941,591 | CurrentTaxYearAmt |
| Total | $3,537,542 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $300,169 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $340,367 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $543,332 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $412,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,941,591 | CurrentTaxYearAmt |
| Total | $3,537,542 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $3,537,542 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $394,705 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $462,170 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $129,233 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $298,527 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $534,394 | CurrentTaxYearAmt |
| Total | $1,819,029 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,075 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $2,782 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,131 | CurrentTaxYearAmt |
| Total | $11,513 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,368,084 | TotalSupportAmt |
| Public Support CY170 | 0.65900 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58860 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,401,280 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $414,754 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,696 | OtherExpendituresAmt |
| End Year Balance | $4,801,338 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,224,502 | BeginningYearBalanceAmt |
| Contributions | $1,749 | ContributionsAmt |
| Investment Earnings Or Losses | $260,297 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $85,268 | OtherExpendituresAmt |
| End Year Balance | $4,401,280 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,481,709 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $127,225 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $25,551 | OtherExpendituresAmt |
| End Year Balance | $4,583,383 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,267,674 | BeginningYearBalanceAmt |
| Contributions | $50 | ContributionsAmt |
| Investment Earnings Or Losses | $8,052 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,275,776 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,231,944 | BeginningYearBalanceAmt |
| Contributions | $31,717 | ContributionsAmt |
| Investment Earnings Or Losses | $4,013 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,267,674 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.64750 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35250 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| EQUITY MUTUAL FUNDS | $1,698,403 | F |
| FIXED INCOME MUTUAL FUNDS | $1,056,772 | F |
| CASH | $70,834 | F |
| MULTI-STRATEGY MUTUAL FUNDS | $251,765 | F |
| COMMON TRUST FUNDS - EQUITY | $1,072,957 | F |
| COMMON TRUST FUNDS - MULTI-STRATEGY | $257,713 | F |
| COMMON TRUST FUNDS - FIXED INCOME | $755,273 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,163,717 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $2,476,625 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $397,180 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $3,500 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $30,724 | OtherRevenueAmt |
| Revenue Not Reported | $431,404 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,045,221 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $41,313 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $41,313 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,086,534 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $671,609 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $3,500 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $30,724 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $34,224 | ExpensesNotReportedAmt |
| Expenses Subtotal | $637,385 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $637,385 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS WILL BE SPENT TOWARDS MEMPHIS PUBLIC LIBRARY COLLECTIONS AND ENHANCEMENTS AND PROGRAMS ACCORDING TO DONOR RESTRICTIONS AND ENDOWMENT POLICY LIMITS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 27,354. IN KIND SPECIAL EVENTS EXPENSE 3,370. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 27,354. IN KIND SPECIAL EVENTS EXPENSE 3,370. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BEST CELLARS | NameOfEvent1Amt |
| Gross Receipts Event1 | $7,500 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $7,500 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $1,100 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | CKB CORPORATE KNOWLEDGE BOWL | NameOfEvent2Amt |
| Gross Receipts Event2 | $7,150 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $7,150 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $1,945 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $17,984 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $3,370 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $14,614 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $27,679 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $32,634 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $3,370 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $29,264 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $30,724 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $30,724 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,460 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $215,040 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | IF CONTRACTS OR OTHER BUSINESS ARE CONDUCTED, THE EXECUTIVE COMMITTEE REVIEWS WHETHER THERE COULD POTENTIALLY BE ANY CONFLICT OF INTEREST INVOLVING BOARD MEMBERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST AND THROUGH GUIDESTAR ONLINE. |
| FORM 990, PART XI, LINE 9: | NET UNREALIZED GAINS (LOSSES) ON BENEFICIAL INTEREST IN ENDOWMENT 6,188. |
| FORM 990, PART XII, LINE 2C: | FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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